Berlin’s Neufund Blockchain Fundraising Platform Raises $2 Million

1132
ADVERTISEMENTSToken Agency
Blockchain Expo London 2019
global
Blockchain Partners

Berlin-based  Blockchain-based fundraising platform, Neufund has successfully raised $2.13 million in seed fund to build a Blockchain-based and investor-directed platform which bridges the world of cryptocurrency and equity. The fund unlocks the resources of cryptocurrency and Blockchain to fund startups and all forms of technological innovation and disruption.

Investors participating in the fundraising round includes Atlantic Labs, Klaas Kersting and a group of undisclosed angel investors.

advertisementToken Agency

Neufund is currently in the process of developing an investment platform where investors can fund startups against equity using cryptocurrencies. Once completed, the platform will be available for startups working in the cryptocurrency sector through Initial Coin Offerings (ICO). Neufund claims they weill build a distributed organisation operating on Ethereum Blockchain.

Their whitepaper can be seen here. 

According to Neufund’s website, it is the first open venture capital fund. The platform is built on Ethereum Blockchain, utilizing its smart contracts feature. The distributed organization issues crypto tokens representing the equity for startups raising funds through its channel. By using these features, Neufund speeds up the process of capital flow in and out of startups, while reducing the transaction costs.

“In venture capital, both startups and investors have an almost illiquid asset position – transaction costs in and out of a company are very high. Neufund offers a legal and a technical solution to bridge company shares and Blockchain-based tokens. This is completely new because it allows tokens to not only represent ownership in a Blockchain network but also equity in off-chain companies,” said the CEO and co-founder of Neufund Zoe Adamovicz

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST
2015), a partner at ICO services collective Token.Agency
($750m+ and 90+ ICOs and STOs), director of education company
Blockchain Partners
(Oracle Partner) and ICO event organiser
at leading industry event CryptoFinancing (Europe's first ICO event now
branded Tokenomicon)
– Vancouver native Richard Kastelein is an award-winning publisher,
innovation executive and entrepreneur. He sits on the advisory boards
of some two dozen Blockchain startups and has written over 1500
articles on Blockchain technology and startups at Blockchain News and
has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.  Irish Tech News put him in the top
10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of
Blockchain
at China's first Blockchain University in Nanchang
at the Jiangxi Ahead Institute of Software and Technology. In 2018 he
was invited to and attended University of Oxford's Saïd Business School
for Business Automation 4.0 programme. Chevalier (Knight) - Ordre des
Arts et des Technologies at Crypto Chain University and an Advisory
Board Member of International Decentralized Association Of
Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member
at U.S. Blockchain Association. Over a half a decade experience judging
and rewarding some 1000+ innovation projects as an EU expert for the
European Commission's SME Instrument programme as a startup assessor
and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain
technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels,
Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki,
London (5x), Manchester, Minsk, Nairobi, Nanchang, San Mateo, San
Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel
Aviv,  Utrecht, Venice,  Visakhapatnam, Zwolle and
Zurich.  His network is global and extensive.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has
ranged from the Canadian Native Press (Arctic) to the Caribbean
& Europe. He's written occasionally for Harvard Business
Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work
and ideas have been translated into Dutch, Greek, Polish, German and
French. A journalist by trade, an entrepreneur and adventurer at heart,
Kastelein's professional career has ranged from political publishing to
TV technology, boatbuilding to judging startups, skippering yachts to
marketing and more as he's travelled for nearly 30 years as a Canadian
expatriate living around the world. In his 20s, he sailed around the
world on small yachts and wrote a series of travel articles called,
"The Hitchhiker's Guide to the Seas' travelling by hitching rides on
yachts (1989) in major travel and yachting publications. He currently
lives in Groningen, Netherlands where he's raising three teenage
daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles

Facebook Comments

advertisements
Token Agency
Blockchain Expo London 2019
global
Blockchain Partners
Token Agency
Sportsfix ICO
Tymlez

2 COMMENTS

This site uses Akismet to reduce spam. Learn how your comment data is processed.